Zynga Inc. IPO

L.A. Times Archives

Dec. 17, 2011 12 AM PT

Zynga Inc. IPO

Deal size: The San Francisco developer of online games CityVille and FarmVille sold 100 million shares at $10 each, raising $1 billion. It was the largest IPO for a U.S. Internet-related firm since Google Inc. raised $1.66 billion in August 2004.

First-day pop: Zynga stock finished its first day of trading on Nasdaq at $9.50, down 5% of its value. It traded as high as $11.50 shortly after the session opened, but soon deflated, falling as low as $9.

2010 revenue: $597.5 million

2010 net income: $90.6 million

Employees: More than 2,000

Audience: More than 150 million players from 166 countries

Source: Los Angeles Times research